Miami Beach, FL, June 05, 2010 --(PR.com
)-- Sunny Realty has today announced the development and release of their new condo ranking system. This system is designed to provide buyers with immediate information about the quality of a condo property, ensuring they are able to make the best purchase possible, in the shortest amount of time.
Sunny Realty has created the “Miami Condo Ratings” index. This tool is for buyers searching for the right condo property in the Miami Beach area, and is based on unique market factors that go into determining the worth and quality of a particular property. Among these factors are price trends for the area, the desirability of the property among buyers, the popularity of the property and condo association stability.
Other factors used in these rankings include the average number of days on the market to sell, the number of units available compared to the total number of units in the building, how well the building has been maintained, the various amenities on property and feedback from previous clients. Additional factors that can affect the true value and desirability of a property include the number of rentals units, as well as any short sales and foreclosure activity.
This unique condo ranking system ranges from 0 to 100%, with buildings that rank higher offering a more stable, more popular purchase decision. In short, higher scores indicate a more desirable property.
Sunny Realty developed this ranking system as part of their ongoing commitment to providing their clients with vital information about Miami real estate and Miami condo properties. This commitment has helped the company rise to the top – they are now one of the most prestigious real estate firms in South Florida.
For more information about Sunny Realty, or to find highly desirable Miami real estate, visit http://www.SunnyIslesMiamiRealEstate.com.
About Sunny Realty: Sunny Realty offers residents and potential residents of Miami, Miami Beach and the surrounding area expert help in their search for the right property. With an in-depth knowledge of the local area, and a background in technology, Sunny Realty offers clients the best of all worlds.